Coca-Cola shares fall after company forecasts modest growth amid demand concerns

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Cases of Coca-Cola brand soda are stacked at a Costco Wholesale store on November 13, 2025 in Simi Valley, California.

Kevin Carter | Getty Images

Coca-Cola on Tuesday reported mixed quarterly results, although demand for its drinks in North America and Latin America is beginning to show signs of improvement.

Looking ahead to 2026, the company is projecting organic revenue growth of 4% to 5% and comparable earnings per share growth of 7% to 8% for the full year.

Shares of the company fell more than 3% in premarket trading.

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

Adjusted earnings per share: 58 cents vs. 56 cents expectedAdjusted revenue: $11.82 billion vs. $12.03 billion expected

The beverage giant reported fiscal fourth-quarter net income attributable to shareholders of $2.27 billion, or 53 cents per share, up from $2.2 billion, or 51 cents per share, a year earlier.

Excluding transaction gains and other items, Coke earned 58 cents per share.

Net sales rose 2% to $11.82 billion.

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